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Aaron Oz: ROR Calc
What's the formula to calculate risk of ruin? I hate to post anytime I want to figure it out...
After doing the research, and playing with real cards, $100 on a $2 table can be an issue --unless you plan on relying on some of that l-u-c-k.
I'm doing 1 to 4 ratios --I believe... $2 min and $16 max... I read that 100x the max is a good method to roughly determine the most reasonable chance of avoiding ROR... $1600 at a $2 table? If so, that IS a tough reality when you need $1600 to make a couple bucks an hour at a table
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G Man: Re: ROR Calc
> What's the formula to calculate risk of
> ruin? I hate to post anytime I want to
> figure it out...
Ln(R)= 2E(B/-V)
where E = Expectation
B = Bankroll
V = Variance
R = RoR
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